An established brand with good yield.
This one cash cow collecting money everyday. Looking gd to move up to test 2.45
Posted: January 26, 2016 4:39 pmPosted by: @spore1
Wow very strong rebound. May be some Fund r buying
Posted: January 23, 2016 10:59 amPosted by: @spore1
M1 is way too oversold. Look for a rebound soon.http://sporeshare.blog spot.sg/2016/01/m1.html
Think they have enough problem with 1MDB, weakening ringgit, Low oil dragging on economy and najib's $1b donation issues lol
Posted: January 26, 2016 9:44 pmPosted by: @smallsmall
Khazanah Nasional Berhad currently holds 28.42% of M1.
Hypothetically if TH can offload the whole 19% to Khazanah then the latter will need to do a GO.
That is provided Khazanah is interested in the first place.
Tomorrow drop again...
Khazanah Nasional Berhad currently holds 28.42% of M1.
Hypothetically if TH can offload the whole 19% to Khazanah then the latter will need to do a GO.
That is provided Khazanah is interested in the first place.
Don' t understand. If TH wants to sell its M1 shares, would the trasactions through married deals (off market deal). Why open market turns crazy leh ?
If it is true (don' t bet too much on it though) then, yes, 19% is quite a big chunk. Of course, the next speculation (or excuse) to play on is buyer may be close enough,, n wld probably want, to mount a takeover. Otherwise, why end up with 20% - neither here nor there. DYODD. N maybe, just maybe, px has been forced down so much cos someone in the know cld be collecting cheap to make a killing at the appropriate time.
Posted: January 26, 2016 8:29 pmPosted by: @spore1
19.1% is quite a big % of total shares .If they sell think can expect to attract more buyer to offer higher price.Indirectly this may benefit the share price to move up in tandem.
Posted: January 26, 2016 8:16 pmPosted by: @genting^2
Why is it that keppel is selling m1 stake, m1 share price shot up?
If there is a stake sell off, then why will the stock price rise ...any gurus here.. ?
Tomorrow drop again...
19.1% is quite a big % of total shares .If they sell think can expect to attract more buyer to offer higher price.Indirectly this may benefit the share price to move up in tandem.
Posted: January 26, 2016 8:16 pmPosted by: @genting^2
Why is it that keppel is selling m1 stake, m1 share price shot up?
Why is it that keppel is selling m1 stake, m1 share price shot up?
May we know, sale price $2.68 was from which source pls ?
Posted: January 26, 2016 4:45 pmPosted by: @lepin888
Keppel looking to sell M1...non core biz...asking price with dividend 2.68?
Yes can somebody explain...how selling at 2.68 help ordinary shareholders...?
how will selling M1 be beneficial for us though.. the stake is only 19.1% and if they were to sell at a minimal preminum like 10-20% then it doesn' t really help right..
ask $3 will be nice 🙂
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